Picture of Baywa AG logo

BYW — Baywa AG News Story

0.000.00%
de flag iconLast trade - 00:00
Consumer DefensivesHighly SpeculativeSmall CapValue Trap

Brief: BayWa AG Says Amended US Regulation May Lead To Reduced Earnings Expectations In US Business

Sept 23 (Reuters) - BAYWA AG BYWGnx.DE:

AMENDED US REGULATION MAY LEAD TO REDUCED EARNINGS EXPECTATIONS IN THE US BUSINESS OF BAYWA R.E. AG AND MAY NECESSITATE ADJUSTMENTS TO THE RESTRUCTURING PLAN OF BAYWA AG

REVIEW OF EXACT EXTENT OF POSSIBLE IMPACTS, AS WELL AS POSSIBILITY OF LIMITING THEM THROUGH COUNTERMEASURES, IS EXPECTED TO TAKE SEVERAL WEEKS

CONFIDENT RESTRUCTURING COMPLETION BY END OF 2028

SHOULD REVIEW CONCLUDE THAT EXPECTED EARNINGS OF BAYWA R.E. AG WILL BE SIGNIFICANTLY LOWER THAN PREVIOUSLY PLANNED, BAYWA AG WOULD ALSO NEED TO TAKE ITS OWN COUNTERMEASURES IN ORDER TO SAFEGUARD RESTRUCTURING CONCEPT

Source text: ID:nEQc8yLza

Further company coverage: [BYWGnx.DE]

 (Gdansk Newsroom)

 ((((gdansk.newsroom@thomsonreuters.com ; +48 587785269; ));))

Recent news on Baywa AG

See all news